SYDNEY, AUSTRALIA: Hubify Limited (ASX: HFY) has executed a Business Sale Deed with Connected Intelligence to acquire its Managed Services and Telco Business effective April 1, 2022. The acquisition will contribute $2.6m in revenue and $0.87m EBITDA on an annualised…
SYDNEY, AUSTRALIA: Left Field Printing Group Limited has acquired the Chattel Mortgage facility held by Scottish Pacific Business Finance Pty Ltd at its current indebtedness of ~$5M and has advanced Ovato a further $5m under this facility to assist with…
SYDNEY, AUSTRALIA: The Directors of Armour Energy Limited (ASX: AJQ) hereby advise that Mr Bradley Lingo has resigned as CEO of the Company, effective immediately. Armour Energy Executive Chairman, Mr Nicholas Mather, commented: “The Board of Directors thank Bradley for…
SYDNEY, AUSTRALIA: Global electric vehicle company Vmoto Limited (ASX: VMT) has entered into a strategic advisory and investment agreement with Giovanni Castiglioni (Castiglioni) along with a partnership and investment agreement with Graziano Milone (Milone), both well-known and experienced European entrepreneurs,…
SYDNEY, AUSTRALIA: Pepper Money Limited (ASX:PPM) has executed binding agreements to acquire a 65% interest in Stratton Finance Pty Limited (Stratton) for $78.0 million. The acquisition is subject to Foreign Investment Review Board (FIRB) approval and other customary conditions precedent…
AUCKLAND, NEW ZEALAND: Trustpower (TPW) advised that all substantial conditions for the sale of its retail business to Mercury Limited (MCY) for $441million have now been met, with settlement expected to take place 1 May 2022. The sale includes Trustpower’s…
LONDON, UK: The Board of Directors of Triple Point Energy Efficiency Infrastructure Company announced that the Group, via TEEC Holdings Ltd, has signed contracts to provide a debt facility to a subsidiary of Virmati Energy Ltd, for the purposes of…
OSLO, NORWAY: Sikri Holding AS, a leading provider of software and services towards the public and private sectors, has entered into a binding agreement with the Kingdom of Sweden regarding the acquisition of 100% of the shares in Metria AB….
LONDON, UK: Telecom Plus Plc has agreed the disposals of two non-core businesses comprising its wholly owned meter operator, UW Home Services Ltd (UWHS), and its 75% owned boiler installation business, comprising Glow Green Ltd and Cofield Ltd. Neither disposal…
LONDON, UK: Peabody Capital and Catalyst Housing Limited announced that their merger process is complete. Catalyst Housing Limited and its subsidiaries have joined together with the Peabody Group, creating an organisation with 104,000 homes and around 220,000 customers in London…
LONDON, UK: TP Group (AIM: TPG), announced that, following the strategic review of the Group’s consulting and software capabilities in relation to its wider strategy as announced on 1 November 2021, the Board has agreed to sell its Northstar autonomous…
LONDON, UK: AQRU plc (AQSE: AQRU), an incubator specialising in decentralised finance (“DeFi”), announced that its wholly owned subsidiary, Accru Finance Ltd. has signed up over 10,000 customer accounts and reached £16.5 million in assets under management on its proprietary…